iShares S&P 500 Growth ETF $IVW is LVZ Inc.’s 2nd Largest Position

LVZ Inc. boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,047,836 shares of the company’s stock after acquiring an additional 28,006 shares during the period. iShares S&P 500 Growth ETF accounts for 13.5% of LVZ Inc.’s investment portfolio, making the stock its 2nd biggest position. LVZ Inc. owned approximately 0.19% of iShares S&P 500 Growth ETF worth $118,521,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Strive Financial Group LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC raised its position in iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $28,000. Finally, Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $30,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $135.41 on Monday. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $141.98. The firm has a market cap of $73.80 billion, a P/E ratio of 33.33 and a beta of 1.17. The business’s 50 day moving average price is $135.53 and its 200-day moving average price is $126.10.

iShares S&P 500 Growth ETF Company Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.